US stocks open higher as earnings season kicks off

Stocks opened higher Wednesday, one day after aluminum producer Alcoa kicked off the quarterly earnings season with a report that met expectations.

Five minutes into trade, the Dow Jones Industrial Average was up 33.55 points (0.25 percent) at 13,362.40.

The broad-based S&P 500 rose 4.26 (0.29 percent) to 1,461.41, while the tech-heavy Nasdaq Composite gained 7.62 (0.25 percent) at 3,099.43.

Alcoa, considered an economic bellwether because of its role in industrial production, posted an in-line profit of $0.06 per share after trade closed Tuesday.

Briefing analyst Patrick O'Hare said the market may take a "wait-and-see" approach Wednesday as it awaits a Thursday meeting of the European Central Bank and public comments from Federal Reserve officials.

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Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.3660+0.0025+0.18%
    USDSGD=X
    1.5058-0.0026-0.17%
    EURSGD=X
    2.1351+0.0062+0.29%
    GBPSGD=X
    90.6710+0.0149+0.02%
    SGDJPY=X
    5.6753-0.0097-0.17%
    SGDHKD=X
    2.7857-0.0052-0.19%
    SGDMYR=X
    9,845.1279-4.8896-0.05%
    SGDIDR=X
    4.5452-0.0091-0.20%
    SGDCNY=X
    0.9980-0.0034-0.34%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,096.20-0.10-0.01%
    GCQ15.CMX
    14.85+0.20+1.39%
    SIU15.CMX
    48.42+0.95+2.01%
    ^XAU
    2.41+0.01+0.50%
    HGU15.CMX
    49.12+1.14+2.38%
    CLU15.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.62+0.03
    ^FVX
    2.28+0.03
    ^TNX
    2.99+0.03
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.3150.0000.00%
    5WA.SI
    0.136-0.005-3.55%
    5DN.SI
    0.325-0.015-4.41%
    E5H.SI
    0.88+0.05+6.02%
    5ME.SI
    0.37+0.04+12.12%
    Y35.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.36+0.06+18.03%
    UD2.SI
    0.134+0.018+15.52%
    40F.SI
    0.50+0.06+12.36%
    BAZ.SI
    0.37+0.04+12.12%
    Y35.SI
    1.12+0.12+12.00%
    AXL.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.23-0.05-17.86%
    AWS.SI
    0.24-0.05-17.24%
    E94.SI
    0.30-0.03-10.45%
    B49.SI
    0.127-0.012-8.63%
    5WH.SI
    0.14-0.01-7.89%
    583.SI